Sensex and Nifty hit record highs before global sell-off, but retreated; Infosys shares rose 4%.

From News18: 2024-07-19 04:32:16

Indian benchmarks, Sensex and Nifty50, hit record highs before facing selling pressure due to global sell-off. Sensex hit 81,587 and Nifty50 reached 24,854, but later retreated. Infosys shares rose by 4% post better-than-expected Q1FY25 results. HCL Tech, TCS, ITC, and Nestle India were top gainers, while Power Grid, Ultratech Cement, Tata Steel, and others were top laggards. Nifty IT index rose by 1%, while Nifty Metal and Realty indices were top losers. In the US, markets closed lower with Dow Jones down 1.29%. Asian markets also traded lower, with Nikkei up by 0.11% after inflation figures.



Read more at News18: Stock Market Updates: Sensex At Day’s Low, Down 500 Points; Nifty Near 24,600